Blythedale, Missouri Property Taxes
The median property tax rate in Blythedale, MO is 1.59%, considerably higher than both the national median of 0.99% and the Missouri state median of 1.20%. With the median home value in Blythedale at $27,770, the typical annual property tax bill reaches $423, which is significantly lower than the national median of $2,690. Property taxes in Blythedale are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Blythedale's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Blythedale or another part of Harrison County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Blythedale, Missouri Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.2%
Estimate Property Tax Bill
$2,400
Ownwell’s Blythedale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Blythedale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Blythedale to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Blythedale, Missouri
Property taxes in Blythedale, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Blythedale is 1.03%, slightly higher than the Missouri state median of 0.97% and above the U.S. national median of 0.99%. Local government entities within Blythedale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Blythedale estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Blythedale's effective property tax rate to other counties in Missouri and the national median. For comparison, the zip code 64426 has both the highest and lowest median property tax rate of 1.03%, reflecting a uniform rate across the area. Understanding how Blythedale compares with other regions provides valuable insights into the varying tax landscape across Harrison County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Blythedale Tax Rate
1.59%
Average Harrison County Tax Rate
1.31%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Blythedale, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64426 | 1.11% | 1.36% | 1.59% | 1.61% | 1.61% |
Source: Ownwell
Property Tax Assessment Values Across Blythedale, Missouri
In Blythedale, Missouri, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Harrison County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Blythedale, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Blythedale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills are both $423.00, found in the zip code 64426.
Average Blythedale Assessed Value
$27,770
Average Harrison County Assessed Value
$35,200
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Blythedale, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64426 | $1,408 | $10,440 | $27,770 | $66,540 | $113,744 |
Source: Ownwell
Property Tax Bills Across Blythedale, Missouri
Property tax bills in Blythedale, located in Harrison County, MO, are determined by assessing the market value of a property and applying the local tax rate. The assessed value is typically a percentage of the market value, which is then multiplied by the tax rate to calculate the annual tax bill. In Blythedale, the median home price is $27,770, which provides a baseline for these calculations. Several factors influence the final tax bill, including property size, location, and any applicable exemptions. Homeowners in Blythedale can expect a range of tax bills: at the 25th percentile, the tax bill is approximately $168, while at the 75th percentile, it rises to $881. For those in the 90th percentile, the tax bill can reach up to $1,489. Compared to the national median property tax rate of 0.99%, Blythedale's property tax rates can vary significantly, affecting homeowners differently based on their property's assessed value and specific circumstances. This variability can impact household budgets and long-term financial planning for residents.
Average Blythedale Tax Bill
$423
Average Harrison County Tax Bill
$480
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Blythedale, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64426 | $23 | $168 | $423 | $881 | $1,489 |
Source: Ownwell